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Rarely will a person without at least an MBA be able to enter interim executive management. A PhD is better. Often having a law degree will give you a real advantage.
Working With Difficult Situations
Interim executive management often involves dealing with difficult management situations, like downsizing and business change or acting as a temporary replacement for a bad executive. Your position will come with some heavy baggage, and you’ll need to overcome preconceptions your coworkers won’t even realize they have.
When you’re taking over position of a fired executive, you must step in and make position your own. The more quickly you can thoroughly replace failed executive and begin reversing damage he did, easier it will be to gain respect of your coworkers.
If you’re in a company that needs interim executive management because of business change – downsizing, offshoring, or other strategies that may be leading to loss of jobs – you should remember to be tactful at all times. Even if you know who’s going to be let go, you need to treat all coworkers equally and divorce yourself as far as possible from that knowledge. It goes without saying that you also should never engage in any kind of gossip.
Each new position will not only be challenging in itself, but peculiar circumstances surrounding it will provide further challenge. Interim executive management is one of most challenging and interesting careers you can choose.
Jakob Jelling is the founder of http://www.managementpilot.com. Learn about change management, interim management, project management, corporate governance, management consulting and business development.